?
Molino Joseph A Jr
Vice President
P&F Industries, Inc.
US, Melville [HQ]
CIK
1192706
Data Source
We automatically created this profile. The information was aggregated based on earnings call transcripts, insider forms and DEF 14A statements.
Latest Information
Shares :
94,808
Price per Share :
$12.99
Equivalence :
$1,231,555.92
Transaction History
-
A94,808 Shares After TransactionValue : $n/a$0.0Transaction Date : 02/16/21
-
Footnotes
-
-
Footnotes:#1 The 25,000 shares represent shares of Restricted Stock granted pursuant to the P&F Industries, Inc. 2012 Stock Incentive Plan. 5,000 shares vest on each of the first five anniversaries of the date of grant so long as the reporting person is still employed by the Issuer (each such date, a "Vesting Date"); provided, however, that (A) in the event of death or termination due to disability, all unvested shares vest, (B) except as set forth in (C) below, in the event of a termination without cause, only those unvested shares scheduled to become vested on the next Vesting Date vest, and (C) in the event of a termination without cause or for good reason upon or within 24-months following a change in control of the Issuer all unvested shares vest.
-
M54,130 Shares After TransactionValue : $215,437.40$103,997.40Transaction Date : 02/09/18
-
Footnotes
-
-
Footnotes:No footnote found.
-
M69,808 Shares After TransactionValue : $305,060.96$68,512.86Transaction Date : 12/07/18
-
Footnotes
-
-
Footnotes:No footnote found.
-
D15,000 Shares After TransactionValue : $195,000.00$1,130,623.00Transaction Date : 12/20/23
-
Footnotes
-
-
Footnotes:#1 Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") between the Issuer, Tools AcquisitionCo, LLC, ("Parent") and Tools MergerSub, Inc., a wholly owned subsidiary of Parent ("Acquisition Sub"), dated October 13, 2023, each issued and outstanding share (a "Share") of Class A Common Stock of the Issuer was converted into the right to receive $13.00 per Share in cash (subject to any applicable withholding or other taxes or other amounts required by law to be withheld). On December 20, 2023, the transactions contemplated by the Merger Agreement were consummated, including the merger of Acquisition Sub with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation following the Merger as a wholly owned subsidiary of Parent.#2 Prior to the Merger, the Reporting Person served as an officer of the Issuer, and resigned from such position upon the effective time of the Merger.#3 Represents unvested shares of restricted stock of the Issuer. Pursuant to the Merger Agreement, each outstanding unvested share of restricted stock was accelerated and canceled and entitled the holder to receive in exchange therefor, an amount in cash (subject to any applicable withholding or other taxes or other amounts required by law to be withheld) equal to $13.00.
-
D0.0 Shares After TransactionValue : $n/a$195,000.00Transaction Date : 12/20/23
-
Footnotes
-
-
Footnotes:#1 Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") between the Issuer, Tools AcquisitionCo, LLC, ("Parent") and Tools MergerSub, Inc., a wholly owned subsidiary of Parent ("Acquisition Sub"), dated October 13, 2023, each issued and outstanding share (a "Share") of Class A Common Stock of the Issuer was converted into the right to receive $13.00 per Share in cash (subject to any applicable withholding or other taxes or other amounts required by law to be withheld). On December 20, 2023, the transactions contemplated by the Merger Agreement were consummated, including the merger of Acquisition Sub with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation following the Merger as a wholly owned subsidiary of Parent.#2 Prior to the Merger, the Reporting Person served as an officer of the Issuer, and resigned from such position upon the effective time of the Merger.#3 Represents unvested shares of restricted stock of the Issuer. Pursuant to the Merger Agreement, each outstanding unvested share of restricted stock was accelerated and canceled and entitled the holder to receive in exchange therefor, an amount in cash (subject to any applicable withholding or other taxes or other amounts required by law to be withheld) equal to $13.00.